Tesla founder and CEO Elon Musk, while speaking at a technology conference in Paris, said that he doesn\'t support President Biden\'s recent announcement of a tariff on imported Chinese-made electric vehicles. At the Viva Technology conference, Musk said, \"Tesla competes quite well in the market in China with no tariffs and no deferential support... I\'m...
As part of it\'s employee participation program this year, the Executive Board of Fraport AG Frankfurt Airport Services Worldwide has decided to buy back own shares through the stock exchange. To fulfill all claims up to 75,000 of its own shares (about 0.081 percent of the capital stock) will be bought back. The share buyback...
UK retail sales declined more than expected in April as poor weather reduced footfall, official data revealed on Friday. Meanwhile, a monthly survey conducted by the market research group GfK showed that British consumer sentiment strengthened in May as households\' became more optimistic about future personal finances and general economic outlook. The retail sales volume...
The Hong Kong stock market has moved lower in four straight sessions, tumbling more than 1,030 points or 5.5 percent along the way. The Hang Seng Index now sits just beneath the 18,610-point plateau and now it\'s tipped to open in the green on Monday. The global forecast for the Asian markets is cautiously optimistic,...
Ahead of the long weekend for Wesak Day, the Indonesia stock market had ended the two-day slide in which it had stumbled more than 130 points or 1.9 percent. The Jakarta Composite Index now sits just above the 7,220-point plateau - although it may open lower again on Monday as it catches up on missed...
The Thai stock market has moved lower in four straight sessions, slipping almost 20 points or 1.4 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,365-point plateau although it may find traction on Monday. The global forecast for the Asian markets is cautiously optimistic, with technology shares expected to...
The Japanese stock market is trading modestly higher on Monday, reversing the losses in the previous session. The benchmark S&P/ASX 200 is moving above the 38,700 level, following the broadly positive cues from Wall Street cues on Friday, with gains in index heavyweights and technology stocks. The benchmark Nikkei 225 Index is up 74.30 or...
Indian shares look set to open on a muted note Monday as investors look ahead to the exit poll and the general election results. Voting for the 18th Lok Sabha will end on June 1 and no exit poll results should be published before 6.30 pm on that day. The Parliament election results will be...
The pound firmed against its major counterparts in the New York session on Monday, amid fading expectations of a rate cut from the Bank of England in June. Last week\'s U.K. inflation figures for April reduced the chances of an interest rate cut at the next meeting in June and an August cut looks likely....
Canadian stocks are turning in a mixed performance on Monday with investors awaiting some crucial economic data from the U.S. and Europe for clues about the outlook for interest rates. With the U.S. market closed for Memorial Day, activity on Bay Street remains somewhat lackluster. Materials shares are up, tracking higher metal prices. The benchmark...